• Reported GAAP EPS of $2.43 up 50.93% YoY • Reported revenue of $11.13B up 13.27% YoY • Salesforce raises full year FY27 revenue guidance to $45.9B, up 11% Y/Y, and updates GAAP operating margin guidance to 20.6%. Q2 FY27 revenue is guided to $11.27B.
Bullish
Salesforce achieved record Q1 revenue of $11.1B, up 13% Y/Y, driven by over 200% growth in Agentforce and Data 360 ARR. The company also returned $27.5B to shareholders.
Bearish
Salesforce's operating and free cash flow growth slowed to 3% and 4% respectively. Full year cash flow guidance was impacted by a $25B debt issuance, while acquisition integration risks remain for Salesforce.